Foseco India promoters confirm no encumbrance of securities

1 min read     Updated on 24 Jun 2026, 01:08 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Promoters of Foseco India Limited declared that neither they nor any persons acting in concert (PAC) have encumbered any securities held in the company for the period ended March 31, 2026. The declaration was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011. The filing confirms the status of shareholding by Foseco Overseas Limited, Foseco (UK) Limited, and Vesuvius Holdings Limited.

powered bylight_fuzz_icon
43789099

*this image is generated using AI for illustrative purposes only.

Foseco India Limited disclosed that its promoters and persons acting in concert (PAC) have not created any encumbrance on the securities held by them in the company for the period ended March 31, 2026. This declaration was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011. The confirmation ensures that the shareholding structure remains free from indirect or direct pledges or charges during the specified timeframe.

The filing identified the promoter entities as Foseco Overseas Limited, Foseco (UK) Limited, and Vesuvius Holdings Limited. All three entities confirmed their status as belonging to the promoter or promoter group. The disclosure was submitted to the stock exchanges on behalf of Vesuvius plc, the parent entity.

Persons Acting in Concert

The document also listed several entities classified as PACs that are not direct shareholders of Foseco India Limited. These include Foseco (Jersey) Limited, Foseco Holding Limited, Foseco Limited, Vesuvius Overseas Limited, and Vesuvius plc. The note clarified that these entities do not possess a Permanent Account Number (PAN) as they do not have a branch office or direct business interest in India.

The following table details the promoter entities and their status:

Name of the Person and PACs Belongs to Promoter/ Promoter Group PAN
Foseco Overseas Limited Yes
Foseco (UK) Limited Yes
Vesuvius Holdings Limited Yes

The declaration was signed by Henry Knowles, Company Secretary of Vesuvius plc, on April 7, 2026. The filing serves as a formal compliance update regarding the standing of the company's securities held by its promoters and associated entities.

Historical Stock Returns for Foseco

1 Day5 Days1 Month6 Months1 Year5 Years
-0.94%+1.37%+1.51%+3.48%+12.31%+271.96%

How will the absence of encumbrances on promoter shares influence investor confidence in Foseco India's stock stability?

Could this clean shareholding structure position Foseco India for potential mergers, acquisitions, or strategic investments in the future?

What are the implications of Vesuvius plc maintaining a direct oversight role through the Company Secretary for Foseco India's governance?

Foseco India schedules analyst and investor meets on June 29-30, 2026

1 min read     Updated on 24 Jun 2026, 12:00 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Foseco India Limited has scheduled meetings with equity analysts and institutional investors on June 29 and June 30, 2026. The company clarified that only public domain information will be discussed. The schedule includes physical and virtual sessions with entities such as LIC Mutual Fund, Goldman Sachs Asset Management, and ICICI Prudential Asset Management Company.

powered bylight_fuzz_icon
43785027

*this image is generated using AI for illustrative purposes only.

Foseco India Limited has scheduled a series of meetings with equity analysts and institutional investors on June 29 and June 30, 2026. The company confirmed that only information available in the public domain will be discussed during these sessions, and no unpublished price sensitive information will be shared.

The meetings are being conducted pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015. The schedule includes both physical and virtual interactions with various mutual funds and asset management companies.

The following table outlines the schedule for the investor meets:

Date From Time To Time Investor Name Mode of Meeting
29th June 2026 10:30am 12:30pm LIC Mutual Fund, Baroda BNP Paribas Mutual Fund, Quest Investment Advisors, Carnelian Capital, JM Financial Mutual Fund Physical
29th June 2026 02:00pm 03:00pm Goldman Sachs Asset Management (GSAM) Virtual
30th June 2026 02:00pm 03:00pm 360 ONE Asset Management Limited Virtual
30th June 2026 03:30pm 04:30pm ICICI Prudential Asset Management Company Limited Virtual

Foseco India noted that the schedule is subject to change due to exigencies on the part of the analysts or the company. The disclosure was submitted by Mahendra Kumar Dutia, Controller of Accounts and Company Secretary.

Historical Stock Returns for Foseco

1 Day5 Days1 Month6 Months1 Year5 Years
-0.94%+1.37%+1.51%+3.48%+12.31%+271.96%

What specific growth drivers or sector trends is Foseco India likely to emphasize during these investor interactions?

How might the engagement with major institutional investors like LIC and Goldman Sachs influence Foseco India's stock liquidity?

Could the timing of these meetings suggest an upcoming strategic shift or capital allocation plan for the company?

More News on Foseco

1 Year Returns:+12.31%